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Cenovus Energy (CVE) Competitors

Cenovus Energy logo
C$35.17 0.00 (0.00%)
As of 06/26/2026 04:15 PM Eastern

CVE vs. CNQ, SU, IMO, OVV, and ARX

Should you buy Cenovus Energy stock or one of its competitors? MarketBeat compares Cenovus Energy with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Cenovus Energy include Canadian Natural Resources (CNQ), Suncor Energy (SU), Imperial Oil (IMO), Ovintiv (OVV), and ARC Resources (ARX). These companies are all part of the "petroleum and natural gas" industry.

How does Cenovus Energy compare to Canadian Natural Resources?

Canadian Natural Resources (TSE:CNQ) and Cenovus Energy (TSE:CVE) are both large-cap energy companies, but which is the better investment? We will contrast the two companies based on the strength of their institutional ownership, dividends, earnings, risk, analyst recommendations, valuation, profitability and media sentiment.

Canadian Natural Resources pays an annual dividend of C$2.39 per share and has a dividend yield of 4.3%. Cenovus Energy pays an annual dividend of C$0.80 per share and has a dividend yield of 2.3%. Canadian Natural Resources pays out 46.3% of its earnings in the form of a dividend. Cenovus Energy pays out 31.9% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

63.8% of Canadian Natural Resources shares are owned by institutional investors. Comparatively, 54.7% of Cenovus Energy shares are owned by institutional investors. 4.3% of Canadian Natural Resources shares are owned by insiders. Comparatively, 32.0% of Cenovus Energy shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Canadian Natural Resources has higher earnings, but lower revenue than Cenovus Energy. Canadian Natural Resources is trading at a lower price-to-earnings ratio than Cenovus Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canadian Natural ResourcesC$44.17B2.65C$7.52BC$5.1610.86
Cenovus EnergyC$51.89B1.26C$3.69BC$2.5114.01

Canadian Natural Resources presently has a consensus target price of C$63.73, suggesting a potential upside of 13.77%. Cenovus Energy has a consensus target price of C$39.79, suggesting a potential upside of 13.12%. Given Canadian Natural Resources' higher possible upside, equities research analysts clearly believe Canadian Natural Resources is more favorable than Cenovus Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canadian Natural Resources
0 Sell rating(s)
5 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.58
Cenovus Energy
0 Sell rating(s)
2 Hold rating(s)
11 Buy rating(s)
2 Strong Buy rating(s)
3.00

In the previous week, Canadian Natural Resources and Canadian Natural Resources both had 2 articles in the media. Canadian Natural Resources' average media sentiment score of 1.35 beat Cenovus Energy's score of 0.59 indicating that Canadian Natural Resources is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Canadian Natural Resources
1 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cenovus Energy
0 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Canadian Natural Resources has a net margin of 24.51% compared to Cenovus Energy's net margin of 9.52%. Canadian Natural Resources' return on equity of 22.74% beat Cenovus Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Canadian Natural Resources24.51% 22.74% 8.80%
Cenovus Energy 9.52%15.23%7.58%

Canadian Natural Resources has a beta of 0.240705, indicating that its stock price is 76% less volatile than the broader market. Comparatively, Cenovus Energy has a beta of 0.154374, indicating that its stock price is 85% less volatile than the broader market.

Summary

Canadian Natural Resources beats Cenovus Energy on 11 of the 18 factors compared between the two stocks.

How does Cenovus Energy compare to Suncor Energy?

Cenovus Energy (TSE:CVE) and Suncor Energy (TSE:SU) are both large-cap energy companies, but which is the superior stock? We will compare the two companies based on the strength of their dividends, earnings, risk, valuation, analyst recommendations, profitability, institutional ownership and media sentiment.

In the previous week, Cenovus Energy and Cenovus Energy both had 2 articles in the media. Suncor Energy's average media sentiment score of 1.04 beat Cenovus Energy's score of 0.59 indicating that Suncor Energy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cenovus Energy
0 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Suncor Energy
1 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Cenovus Energy pays an annual dividend of C$0.80 per share and has a dividend yield of 2.3%. Suncor Energy pays an annual dividend of C$2.34 per share and has a dividend yield of 3.1%. Cenovus Energy pays out 31.9% of its earnings in the form of a dividend. Suncor Energy pays out 44.5% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Suncor Energy has a net margin of 12.17% compared to Cenovus Energy's net margin of 9.52%. Cenovus Energy's return on equity of 15.23% beat Suncor Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Cenovus Energy9.52% 15.23% 7.58%
Suncor Energy 12.17%14.01%7.01%

Cenovus Energy presently has a consensus price target of C$39.79, indicating a potential upside of 13.12%. Suncor Energy has a consensus price target of C$93.13, indicating a potential upside of 21.84%. Given Suncor Energy's higher probable upside, analysts plainly believe Suncor Energy is more favorable than Cenovus Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cenovus Energy
0 Sell rating(s)
2 Hold rating(s)
11 Buy rating(s)
2 Strong Buy rating(s)
3.00
Suncor Energy
0 Sell rating(s)
4 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.67

Cenovus Energy has a beta of 0.154374, meaning that its share price is 85% less volatile than the broader market. Comparatively, Suncor Energy has a beta of 0.139686, meaning that its share price is 86% less volatile than the broader market.

54.7% of Cenovus Energy shares are held by institutional investors. Comparatively, 48.1% of Suncor Energy shares are held by institutional investors. 32.0% of Cenovus Energy shares are held by company insiders. Comparatively, 0.0% of Suncor Energy shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Suncor Energy has higher revenue and earnings than Cenovus Energy. Cenovus Energy is trading at a lower price-to-earnings ratio than Suncor Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cenovus EnergyC$51.89B1.26C$3.69BC$2.5114.01
Suncor EnergyC$54.47B1.66C$7.92BC$5.2614.53

Summary

Cenovus Energy and Suncor Energy tied by winning 9 of the 18 factors compared between the two stocks.

How does Cenovus Energy compare to Imperial Oil?

Imperial Oil (TSE:IMO) and Cenovus Energy (TSE:CVE) are both large-cap energy companies, but which is the superior stock? We will contrast the two companies based on the strength of their profitability, valuation, risk, dividends, institutional ownership, media sentiment, analyst recommendations and earnings.

Imperial Oil has a beta of 0.430944, indicating that its stock price is 57% less volatile than the broader market. Comparatively, Cenovus Energy has a beta of 0.154374, indicating that its stock price is 85% less volatile than the broader market.

Imperial Oil has higher earnings, but lower revenue than Cenovus Energy. Cenovus Energy is trading at a lower price-to-earnings ratio than Imperial Oil, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Imperial OilC$45.40B1.71C$4.85BC$5.9027.27
Cenovus EnergyC$51.89B1.26C$3.69BC$2.5114.01

Imperial Oil pays an annual dividend of C$3.03 per share and has a dividend yield of 1.9%. Cenovus Energy pays an annual dividend of C$0.80 per share and has a dividend yield of 2.3%. Imperial Oil pays out 51.4% of its earnings in the form of a dividend. Cenovus Energy pays out 31.9% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Cenovus Energy is clearly the better dividend stock, given its higher yield and lower payout ratio.

In the previous week, Cenovus Energy had 2 more articles in the media than Imperial Oil. MarketBeat recorded 2 mentions for Cenovus Energy and 0 mentions for Imperial Oil. Cenovus Energy's average media sentiment score of 0.59 beat Imperial Oil's score of 0.00 indicating that Cenovus Energy is being referred to more favorably in the news media.

Company Overall Sentiment
Imperial Oil Neutral
Cenovus Energy Positive

Imperial Oil presently has a consensus target price of C$137.00, indicating a potential downside of 14.84%. Cenovus Energy has a consensus target price of C$39.79, indicating a potential upside of 13.12%. Given Cenovus Energy's stronger consensus rating and higher possible upside, analysts clearly believe Cenovus Energy is more favorable than Imperial Oil.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Imperial Oil
6 Sell rating(s)
4 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.40
Cenovus Energy
0 Sell rating(s)
2 Hold rating(s)
11 Buy rating(s)
2 Strong Buy rating(s)
3.00

Cenovus Energy has a net margin of 9.52% compared to Imperial Oil's net margin of 6.13%. Cenovus Energy's return on equity of 15.23% beat Imperial Oil's return on equity.

Company Net Margins Return on Equity Return on Assets
Imperial Oil6.13% 13.38% 9.78%
Cenovus Energy 9.52%15.23%7.58%

19.5% of Imperial Oil shares are owned by institutional investors. Comparatively, 54.7% of Cenovus Energy shares are owned by institutional investors. 71.3% of Imperial Oil shares are owned by insiders. Comparatively, 32.0% of Cenovus Energy shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Summary

Cenovus Energy beats Imperial Oil on 12 of the 19 factors compared between the two stocks.

How does Cenovus Energy compare to Ovintiv?

Ovintiv (TSE:OVV) and Cenovus Energy (TSE:CVE) are both large-cap energy companies, but which is the superior investment? We will compare the two companies based on the strength of their valuation, dividends, institutional ownership, profitability, earnings, media sentiment, analyst recommendations and risk.

Ovintiv currently has a consensus price target of C$75.00, suggesting a potential downside of 0.45%. Cenovus Energy has a consensus price target of C$39.79, suggesting a potential upside of 13.12%. Given Cenovus Energy's higher probable upside, analysts clearly believe Cenovus Energy is more favorable than Ovintiv.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ovintiv
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
8 Strong Buy rating(s)
3.55
Cenovus Energy
0 Sell rating(s)
2 Hold rating(s)
11 Buy rating(s)
2 Strong Buy rating(s)
3.00

Cenovus Energy has a net margin of 9.52% compared to Ovintiv's net margin of 8.59%. Cenovus Energy's return on equity of 15.23% beat Ovintiv's return on equity.

Company Net Margins Return on Equity Return on Assets
Ovintiv8.59% 7.13% 8.59%
Cenovus Energy 9.52%15.23%7.58%

Ovintiv has a beta of 0.435329, indicating that its share price is 56% less volatile than the broader market. Comparatively, Cenovus Energy has a beta of 0.154374, indicating that its share price is 85% less volatile than the broader market.

63.0% of Ovintiv shares are owned by institutional investors. Comparatively, 54.7% of Cenovus Energy shares are owned by institutional investors. 0.5% of Ovintiv shares are owned by company insiders. Comparatively, 32.0% of Cenovus Energy shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Cenovus Energy has higher revenue and earnings than Ovintiv. Cenovus Energy is trading at a lower price-to-earnings ratio than Ovintiv, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
OvintivC$9.06B2.34C$1.39BC$3.0424.78
Cenovus EnergyC$51.89B1.26C$3.69BC$2.5114.01

In the previous week, Ovintiv had 2 more articles in the media than Cenovus Energy. MarketBeat recorded 4 mentions for Ovintiv and 2 mentions for Cenovus Energy. Ovintiv's average media sentiment score of 1.14 beat Cenovus Energy's score of 0.59 indicating that Ovintiv is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Ovintiv
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cenovus Energy
0 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Ovintiv pays an annual dividend of C$1.20 per share and has a dividend yield of 1.6%. Cenovus Energy pays an annual dividend of C$0.80 per share and has a dividend yield of 2.3%. Ovintiv pays out 39.5% of its earnings in the form of a dividend. Cenovus Energy pays out 31.9% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Cenovus Energy is clearly the better dividend stock, given its higher yield and lower payout ratio.

Summary

Ovintiv beats Cenovus Energy on 10 of the 19 factors compared between the two stocks.

How does Cenovus Energy compare to ARC Resources?

Cenovus Energy (TSE:CVE) and ARC Resources (TSE:ARX) are both large-cap energy companies, but which is the better business? We will compare the two companies based on the strength of their valuation, media sentiment, dividends, analyst recommendations, risk, earnings, profitability and institutional ownership.

Cenovus Energy has higher revenue and earnings than ARC Resources. ARC Resources is trading at a lower price-to-earnings ratio than Cenovus Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cenovus EnergyC$51.89B1.26C$3.69BC$2.5114.01
ARC ResourcesC$6.93B2.42C$1.11BC$2.5311.72

ARC Resources has a net margin of 22.18% compared to Cenovus Energy's net margin of 9.52%. ARC Resources' return on equity of 17.43% beat Cenovus Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Cenovus Energy9.52% 15.23% 7.58%
ARC Resources 22.18%17.43%7.88%

Cenovus Energy pays an annual dividend of C$0.80 per share and has a dividend yield of 2.3%. ARC Resources pays an annual dividend of C$0.80 per share and has a dividend yield of 2.7%. Cenovus Energy pays out 31.9% of its earnings in the form of a dividend. ARC Resources pays out 31.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. ARC Resources is clearly the better dividend stock, given its higher yield and lower payout ratio.

54.7% of Cenovus Energy shares are held by institutional investors. Comparatively, 46.7% of ARC Resources shares are held by institutional investors. 32.0% of Cenovus Energy shares are held by insiders. Comparatively, 0.4% of ARC Resources shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

In the previous week, Cenovus Energy had 1 more articles in the media than ARC Resources. MarketBeat recorded 2 mentions for Cenovus Energy and 1 mentions for ARC Resources. ARC Resources' average media sentiment score of 0.75 beat Cenovus Energy's score of 0.59 indicating that ARC Resources is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cenovus Energy
0 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
ARC Resources
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Cenovus Energy has a beta of 0.154374, suggesting that its stock price is 85% less volatile than the broader market. Comparatively, ARC Resources has a beta of -0.344271, suggesting that its stock price is 134% less volatile than the broader market.

Cenovus Energy currently has a consensus target price of C$39.79, indicating a potential upside of 13.12%. ARC Resources has a consensus target price of C$29.98, indicating a potential upside of 1.15%. Given Cenovus Energy's stronger consensus rating and higher probable upside, equities analysts plainly believe Cenovus Energy is more favorable than ARC Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cenovus Energy
0 Sell rating(s)
2 Hold rating(s)
11 Buy rating(s)
2 Strong Buy rating(s)
3.00
ARC Resources
1 Sell rating(s)
8 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.31

Summary

Cenovus Energy beats ARC Resources on 11 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CVE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CVE vs. The Competition

MetricCenovus EnergyOil & Gas Integrated IndustryEnergy SectorTSE Exchange
Market CapC$65.59BC$72.93BC$9.76BC$13.16B
Dividend Yield2.50%5.44%10.58%6.19%
P/E Ratio14.0110.5818.9635.85
Price / Sales1.264,278.49745.2010.00
Price / Cash13.715.7036.8282.29
Price / Book2.031.564.064.44
Net IncomeC$3.69BC$231.25BC$4.25BC$299.09M
7 Day Performance-3.19%-1.41%-2.60%-0.98%
1 Month Performance-7.59%-4.74%-6.40%-2.59%
1 Year Performance88.07%24.07%30.21%37.72%

Cenovus Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CVE
Cenovus Energy
4.2483 of 5 stars
C$35.17
flat
C$39.79
+13.1%
+88.1%C$65.59BC$51.89B14.016,000
CNQ
Canadian Natural Resources
4.307 of 5 stars
C$59.14
+0.8%
C$63.73
+7.8%
+29.9%C$123.35BC$44.17B11.4610,272
SU
Suncor Energy
4.5654 of 5 stars
C$79.47
+1.5%
C$93.13
+17.2%
+48.5%C$93.83BC$54.47B15.1116,600
IMO
Imperial Oil
1.3813 of 5 stars
C$161.61
+2.2%
C$137.00
-15.2%
+47.9%C$78.15BC$45.40B27.395,300
OVV
Ovintiv
2.5556 of 5 stars
C$77.15
+3.5%
C$70.00
-9.3%
+43.0%C$21.68BC$9.06B25.381,740

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This page (TSE:CVE) was last updated on 6/29/2026 by MarketBeat.com Staff.
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